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POPS What Would Gaia Think? Earth Treason They have betrayed the planet, and they must suffer the fate of traitors! Paul Krugman at NYT, on warmalism deniers http://www.julescrittenden.com/2009/06/30/earth-treason/
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POPSEarth Treason Eight years later, it’s starting to look like they aren’t anymore. Think about it. Now Krugman’s tossing around the word “treason.” Sounds scary at first, a little cavalier, even dangerous. Sounds like radical left-wing hate speech. It made me worried, because the Department of Homeland Security warned against extremist political hate speech . . . Let’s be real. Krugman is an august Nobel laureate, not some frothing populist wackjob. And it isn’t like total nutcases read the New York Times. DHS was very specific about the threat. It’s from radical right-wing extremists. You don’t have to worry about the left-wing kind. With that kind of weight behind the anti-planet betrayal movement, I’m convinced. I’ve turned the corner. I’m ready to go “green,” but I’m not really interested in pussyfooting around. When someone like Krugman starts using the “T” word, that can only mean it’s time for radical action. No, I don’t mean targeted hits on Earth-hating Republicans or truck bombs
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POPSNYTimes "Conscientious Liberal" On SCOTUS Nominee Sotomayor I’d like to think that bright Jewish kids make the best economists. I probably have somewhere along the line. It doesn’t mean anything. …The judicial record shows nothing of this." If there's one thing that's been missing from the Supreme Court in recent decades, it's been the ability to laugh. Far be it from me to differ with the esteemed Dr. Krugman. Instead, read Sotomayor's speech and decide for yourself if her comments about the superior jurisprudence of Latina over Whitey elicit the heartiness of guffaw for which Krugman must be aiming. Second, I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life. Handcrafted by Suitably Flip Lecture: ‘A Latina Judge’s Voice’ http://www.nytimes.com/2009/05/15/us/politics/15judge.text.html?_r=1&pagewanted=all
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POPSWhat is Dick Cheney Up To?
While watching the Ed Show on April 21st. I thought to myself, "I HAVE TO MAKE A VIDEO ON THIS REMARKABLE SHOW!" Big Eddie had hit the proverbial nail on the head when he stated what he believes Cheney is up to! Also, Ed weighs in on President Obama's decision to open the door on prosecuting the architects of torture. I know our America has been severely marred and is now in bed with what can be construed as a Gangrenous Pus Laden Abscessed Sore. An affliction caused by its past leaders, her own people. There is only one way healing can take place and that is to open this nasty wound and expose the ugliness, for all to see and then PROSECUTE! Until this happens, there will be no mending of our once great country. This must start immediately and begin with Dick Cheney The Main Architect of Torture! Video can also be viewed at http://www.thethinkingblue.com/schultz.html PS: I don't know about you but every time I listen to Cheney, I WANT TO VIRTUALLY PUNCH HIM RIGHT IN THE NOSE!
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POPSSo Tomorrow Is Tea Party Day The combination of the two is scaring the bejabbers out of the left because it has the potential to change the political momentum in the country. So much so that Paul Krugman was dispatched by the New York Times to try and quench it. And the Huffington Post is linking what it calls ‘Tea Bag Terror’ to the rallies I think it is fair to say that the protests have gotten the attention of the left and the right. The question is, will it work? Will an anti-tax rally shift the political debate at a time fewer Americans seem to care about taxes because of Republican success at lowering them? A very interesting article on this from Pollster.com, The Irony of Tax Cuts.
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POPSKrugman slams Geithner plan mm I`m no financial whizz, but Krugman is. plus Paul Keating (my hero) and architect of Australias so far sound banking system, said in an article that Geithner is an idiot, based on his performance during the Asian financial crisis
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POPSMarket Rebound: Bank Stocks Soar, Gold Down, Dollar Down, Oil Up Based on housing increase and Toxic Asset Liquidation plan, yet links from Bloomberg show hot debate on whether that is good or not. The free market would have thrown up on its own, purging the toxic assets by the failure of the banks holding them, instead of the expensive financial "surgery" from Geithner (which bails out his bank friends) to remove them with this plan. This plan is enormously expensive to achieve the same results. Look at the huge stock rise on the banks. Bloomberg also says the dollar weakened on this, as well as oil increasing and gold declining.
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POPS"Friendly Fire" ~ Obama Has A Bad Sunday . . . of the building tsunami of populist outrage. Unlike with President Bush, the Obama administration is less apt to dismiss such commentary, at least publicly, as so much carping from an out-of-touch peanut gallery. These are voices that have been sympathetic, and at times gushing toward Obama, during the campaign and in his administration’s early days. The president and his top aides read the Times closely and react quickly to its reporting and commentary.
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POPSThe Great Unraveling - Paul Krugman on the dismantling of America as we know it "They have painted a picture of disaster for the nation." This is an old interview but very relevant. It's a long interview, but my favorite part starts at around the 10 minute mark where he predicts our economic woes saying "it's certainly going to be some kind of crash." He also speaks about those people who have a vested interest in rolling back America's social welfare programs, rolling back American government to what we had in the Hoover era. . He is talking about a bait and switch situation where American government is manipulated by wealthy determined individuals are seeking to create a situation where the United States can no longer afford Social Security and Medicare, as a pretense for ending these programs by "eliminating the tax base." This is a must hear.
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POPSThe Great Unraveling - Paul Krugman on the dismantling of America as we know it This is an old interview, but it is still very relevant. Please listen to the interview. It's long, however it is one of the most interesting things I have heard from an economist... as he predicts an imminent crash as a result of Bush's economic policies, about the influence of Oliver Norquist - who speaks of starving American government down until it is small enough to "be drowned in a bathtub," in order to cancel social programs put in place in the New Deal. This is a must-hear,
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POPS Touchy Socialist Declares War on Business Treasury Secretary Timothy Geithner has been so slow to act that even Paul Krugman is criticizing the administration for “dithering.” On the tax hike, currently, the U.S. has the second-highest corporate tax on Earth and Obama is committed to ending any remaining competitive tax breaks. If any firms remain, they will be festooned with massive carbon-permit expenses because of Obama’s new cap-and- trade program. http://lawhawk.blogspot.com/2009/03/taxing-all-americans-through-cap-and.html Finally, Obama has set aside $634 billion to establish a health-reform reserve fund, a major first step in creating a universal health-care system. If you want to have health care for everyone, you have to give it to many people for free. Once we start doing that, we will never stop, at least until the government runs out of money. But don’t call him a socialist. It hurts his feelers.
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POPSLet's have another round 3 weeks ago I predicted the chattering boxes and Obama will say, in response to the failure of their policies to improve the economy, that they didn't spend enough. It will NEVER be enough.
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POPS George Soros Finally Gets It ~ February 21, 2009 He seems to be in the camp that says if we can just “unclog” bank balance sheets then we’ll get credit “flowing again.” But the problem isn’t a lack of liquidity, it’s insolvency. A gangrenous leg can’t be “fixed” with blood transfusions. The only “solution” is amputation. A man will make himself believe most anything if his salary depends on it. Lots of salaries are at risk, so lots of heels are digging themselves in. Anyway, as I’ve argued for awhile, the only way to “solve” the crisis is to let asset prices fall. And that means the balance sheets on which those assets currently reside need to recognize substantial losses. Call it the “Fight Club” solution*—everyone goes back to $0. This would be highly painful for ALL Americans. But it would be most painful for those with the most to lose . . .
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